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5560 Kearny Mesa Rd 0.89 Acres of Commercial Land Offered at $8,992,035 CAD in San Diego, CA 92111
INVESTMENT HIGHLIGHTS
- THIS IS THE INVESTER 'S DREAM PROPERTY. HIGH YIELD RETURN ON INVESTMENT AND AS WELL AS BUNDLE OF OPPORTUNITIES OR INITIATIVES FOR ENHANCING THE INVES
EXECUTIVE SUMMARY
This property is located in the heart of Clairmont Re-Development Corridor.
Property is currently under a substantial Triple Net lease contract with a High Brand Tenant offering a Cap of 9% return on Investment. This property is located near the newly Multi Residential Development. Suitable for Senior Assisted Living Development or Multi Residential projects
An EXCELENT opportunity for the Developers to receive a substantial CASH FLOW while awaiting for the Plan Approvals. As an Investor, having a strong tenant with a great financial background and stability is a gifted asset as well as receiving a high yield return on investment. ** ALL INFORMATION PROVIDED ARE DEEMED ACCURATE AND RELIABLE. HOWEVER HIGHLY RECOMMEND ALL PROSPECTIVE BUYERS AND RESPECTIVE AGENTS TO VERIFY THE ACCURACY OF THE INFORMATION PROVIDED.**
PROPERTY FACTS
1 LOT AVAILABLE
Lot 78
| Price | $8,992,035 CAD | Lot Size | 0.89 AC |
| Price Per AC | $10,103,511.92 CAD |
| Price | $8,992,035 CAD |
| Price Per AC | $10,103,511.92 CAD |
| Lot Size | 0.89 AC |
I-163 to Clairmont Mesa Blvd, Right on Kearny Mesa Road. Very easy access
DESCRIPTION
Strategically positioned in the heart of Kearny Mesa, this rare 0.89-acre redevelopment or owner-user opportunity offers exceptional visibility with over 200 feet of freeway frontage and 327 feet along Kearny Mesa Road. The site features a paved lot, a small office/sales trailer, and a pylon sign for maximum exposure. Zoned IL-2-1, the property supports a wide range of commercial and light industrial uses, making it ideal for auto-related businesses, retail, or future redevelopment. The fully fenced parcel includes 75 parking spaces and benefits from its proximity to major arterials and the dense commercial activity of central San Diego. With single tenancy, a 1,386 SF freestanding structure, and Class C designation, this asset presents a compelling opportunity for investors or business owners seeking a high-visibility location in one of San Diego’s most active trade areas.
PROPERTY TAXES
| Parcel Number | 356-030-39 | Improvements Assessment | $42,172 CAD |
| Land Assessment | $2,066,701 CAD | Total Assessment | $2,108,873 CAD |
PROPERTY TAXES
Presented by
Siamak T. Rahmani Broker
5560 Kearny Mesa Rd
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